Green Thumb Industries (GTBIF) Debt Ratio (2019 - 2026)
Green Thumb Industries' (GTBIF) quarterly Debt Ratio came in at 0.11 in Q2 2026, up 4.44% on a YoY basis from 0.1 in Q2 2025, and up 6.41% quarter-over-quarter from 0.1 in Q1 2026.
Analysis
Green Thumb Industries (GTBIF) Debt Ratio (2019 - 2026) Analysis & Trends
Green Thumb Industries (GTBIF) has reported Debt Ratio for 8 consecutive years, with 0.11 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio rose 4.44% year-over-year to 0.11; the trailing twelve-month figure through Jun 2026 stood at 0.11 (up 4.44% YoY), and the FY2025 full-year result was 0.09, down 10.31% from the prior year.
- Debt Ratio climbed to 0.11 in Q2 2026 per GTBIF's latest filing, from 0.1 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.12 in Q4 2023 and bottomed at 0.09 in Q4 2025.
- Historically, Debt Ratio has averaged 0.11 across 5 years, with a median of 0.11 in 2026.
- The sharpest annual moves came in 2022 and 2025: Debt Ratio surged 55.14% in 2022, then slipped 19.0% in 2025.
- Over 5 years, Debt Ratio stood at 0.12 in 2022, then grew by 5.03% to 0.12 in 2023, then declined by 15.05% to 0.11 in 2024, then decreased by 10.31% to 0.09 in 2025, then grew by 15.41% to 0.11 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.11, 0.1, and 0.09 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.61 Bn | 2.52 Bn | 169.91 Mn | 0.22 |
| 2 | Trulieve Cannabis | 2.33 Bn | 2.01 Bn | 162.29 Mn | 0.05 |
| 3 | Green Thumb Industries | 1.48 Bn | 1.19 Bn | 137.87 Mn | 0.11 |
| 4 | Cronos | 1.21 Bn | 460.32 Mn | 28.45 Mn | - |
| 5 | Verano Holdings | 884.47 Mn | 797.46 Mn | 99.70 Mn | 0.24 |
| 6 | Glass House Brands | 666.25 Mn | 647.70 Mn | 15.77 Mn | 0.22 |
| 7 | Tilray Brands | 592.57 Mn | 338.48 Mn | 90.52 Mn | 0.06 |
| 8 | Vireo Growth | 563.06 Mn | 420.76 Mn | 95.30 Mn | 0.23 |
| 9 | Canopy Growth | 410.33 Mn | 163.32 Mn | 16.08 Mn | 0.24 |
| 10 | Sndl | 376.60 Mn | 244.06 Mn | 40.74 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.11 |
| Mar 31, 2026 | 0.10 |
| Dec 31, 2025 | 0.09 |
| Sep 30, 2025 | 0.10 |
| Jun 30, 2025 | 0.10 |
| Mar 31, 2025 | 0.10 |
| Dec 31, 2024 | 0.11 |
| Sep 30, 2024 | 0.11 |
| Jun 30, 2024 | 0.12 |
| Mar 31, 2024 | 0.12 |
| Dec 31, 2023 | 0.12 |
| Sep 30, 2023 | 0.12 |
| Jun 30, 2023 | 0.12 |
| Mar 31, 2023 | 0.12 |
| Dec 31, 2022 | 0.12 |
| Sep 30, 2022 | 0.11 |
| Jun 30, 2022 | 0.11 |
| Mar 31, 2022 | 0.11 |
| Dec 31, 2021 | 0.12 |
| Sep 30, 2021 | 0.13 |